AB = CD pattern completion with a possible double bottom completion with divergence on the RSI (sign of bearish weakness). Very good risk to reward, more than a 2:1 with Fibonacci confluence at the retest of structure.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.